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Other Real Estate and Covered Other Real Estate (Tables)
9 Months Ended
Sep. 30, 2014
Other Real Estate and Covered Other Real Estate [Abstract]  
Changes and gains (losses), net on non-covered other real estate
For the periods presented, changes and gains (losses), net on other real estate, excluding covered other real estate, were as follows ($ in thousands):

  
Nine Months Ended September 30,
 
  
2014
  
2013
 
Balance at beginning of period
 
$
106,539
  
$
78,189
 
Additions (1)
  
29,972
   
73,890
 
Disposals
  
(34,641
)
  
(29,605
)
Write-downs
  
(4,833
)
  
(6,145
)
Balance at end of period
 
$
97,037
  
$
116,329
 
         
Gain (Loss), net on the sale of other real estate included in ORE/Foreclosure expense
 
$
2,847
  
$
(110
)

(1) Additions at September 30, 2013 included $40.1 million of other real estate acquired from BancTrust on February 15, 2013.

Other real estate by type of property
Other real estate, excluding covered other real estate, by type of property consisted of the following for the periods presented ($ in thousands):
 
  
September 30, 2014
  
December 31, 2013
 
Construction, land development and other land properties
 
$
63,127
  
$
65,273
 
1-4 family residential properties
  
9,998
   
14,696
 
Nonfarm, nonresidential properties
  
22,251
   
26,433
 
Other real estate properties
  
1,661
   
137
 
Total other real estate, excluding covered other real estate
 
$
97,037
  
$
106,539
 
 
Other real estate by geographic location
Other real estate, excluding covered other real estate, by geographic location consisted of the following for the periods presented ($ in thousands):
 
  
September 30, 2014
  
December 31, 2013
 
Alabama
 
$
24,256
  
$
25,912
 
Florida
  
36,608
   
34,480
 
Mississippi (1)
  
16,419
   
22,766
 
Tennessee (2)
  
11,347
   
12,892
 
Texas
  
8,407
   
10,489
 
Total other real estate, excluding covered other real estate
 
$
97,037
  
$
106,539
 

(1) Mississippi includes Central and Southern Mississippi Regions
(2) Tennessee includes Memphis, Tennessee and Northern Mississippi Regions

Changes and gains (losses), net on covered other real estate
For the nine months ended September 30, 2014 and 2013, changes and (losses) gains, net on covered other real estate were as follows ($ in thousands):

  
Nine Months Ended September 30,
 
  
2014
  
2013
 
Balance at beginning of period
 
$
5,108
  
$
5,741
 
Transfers from covered loans
  
690
   
1,380
 
FASB ASC 310-30 adjustment for the residual recorded investment
  
9
   
(541
)
Net transfers from covered loans
  
699
   
839
 
Disposals
  
(870
)
  
(848
)
Write-downs
  
(791
)
  
(640
)
Balance at end of period
 
$
4,146
  
$
5,092
 
         
(Loss) Gain, net on the sale of covered other real estate included in ORE/Foreclosure expense
 
$
(132
)
 
$
47
 

Covered other real estate by type of property
Covered other real estate by type of property consisted of the following for the periods presented ($ in thousands):

  
September 30, 2014
  
December 31, 2013
 
Construction, land development and other land properties
 
$
713
  
$
733
 
1-4 family residential properties
  
1,267
   
1,981
 
Nonfarm, nonresidential properties
  
2,166
   
2,394
 
Total covered other real estate
 
$
4,146
  
$
5,108